New Delhi, March 17 -- Shares of Swiggy, one of India's leading food delivery aggregators, gained nearly 2% in intraday trade on Monday, March 17, to Rs.359.30 apiece after the company announced that its Quick Commerce platform, Instamart, has expanded to 100 cities across India.

In its filing to the exchanges, the company stated that Instamart, which was launched in August 2020, has now entered 100 cities nationwide, a milestone achieved in response to the growing demand for 10-minute deliveries, particularly in Tier-2 and Tier-3 cities.

So far this month, the company has introduced quick commerce to 32 new cities, including Raipur, Siliguri, Jodhpur, and Thanjavur, bringing the convenience of rapid deliveries to many for the first tim...